JUST IN: 🇺🇸 US Federal Housing Finance Agency issues order to count Bitcoin & crypto as an asset for a mortgage.

Reply to this note

Please Login to reply.

Discussion

Then they fight you? 😅

Fk Yeah!

Does it have to be custodies on coinbase?

I presume it could be Fidelity or Strike too.

I wonder if its going to need to remain custodied for the duration of the mortgage.

Probably only DJT….

I forget about that thing. I don't know anyone that uses it. My wife's uncle collected Hippie stuff from the 1960's.

He has a JFK button. I found one on eBay for $10.00. I asked GPT 4 about it. According to GPT4, there are about 10 million of these things.

I can't verify that number, but let's say that's the concensous. Let's also assume each button is fungible, even though that is certainly not true.

At ten bucks a button, the market cap of these buttons would be 100 million.

According to the SBR, #Bitcoin is better than gold.

Is Trump coin supposed to be a digital campaign button, better than metal campaign buttons?

For the sake of argument, let's play 👹 advocate and assume Trump Coin is not a 💩🪙.

What value does it bring to the world? Serious question.

Source:

https://njump.me/nevent1qqswmhu4ryhls3xj9pjx3mlf0dqp8w0yh98k2ay69aqe8hdtdg966fgpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp6tuwpx2ckrmffrrlut3amhza5uah0ym72wm3wsphrr8xxcqzsmkxtjyw8

This order is garbage. Cold storage won’t count.

Bitcoin has to be on an exchange to count. Sus.

Obtaining a mortgage without this was a huge pain in the ass.

KYC free is great. I think everyone should have a KYC free stack. If you don't mind living in a trailor, you can have a 100% KYC free stack.

It's not a bad idea if you're single or a couple without kids yet, or if you inherited a house free and clear... But you can't get a mortgage that way.

It needs to be on an exchange in order to be considered? Hmm

Held on an exchange? Fuck. Right. Off

As more and more people understand BTC this will never fly. They are gonna try so hard to do all this dumb shit but it’s never gonna work. First step is to “learn crypto” the second is to learn “proof of work, permissionless self sovereignty”.

LMAO. I’ll show you the wallet address and you can keep your eye on it…..

Bésame el culo

This shit is real simple. You set up a cold wallet with whichever amount you want to disclose and you send the bank one SAT from that wallet. They can keep their eye on the wallet and if something moves they can take your house or whatever agreement you signed to.

🤡🤡🤡

It’s absolutely wild that “we the people” agree to a currency that has so many rules made by people don’t trust.

Yeah but... you gotta keep the sats on a CEX....

But then again i have no bitcoin

Let's buy houses with fartcoin

When paired with the so called genius act its creating another reserve, given that 1) the crypto must be on an exchange and 2) the exchange will be required to hold an equivalent amount of "cash equivalents" like bonds,tbills,etc.